UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID L3542430
HOA Y/N No
Rental Info No
Year Built 1935
Annual Tax Amount $35,515
Lot Dimensions 20x46.5
Property Sub-Type Mixed Use
Source onekey2
Property Description
Net Income: $165,000 | Cap Rate: 5.16%
This corner property offers diverse tenants (mixed-use featuring 1BR apartment & a cafe, other flat buildings: insurance office, nail salon, mechanic shop, parking space and a vacant land) generating steady cash flow.
• 5.16% cap rate with strong current income
• Future development potential for residential units
• Prime corner location with high visibility
A rare opportunity for investors seeking consistent income and long-term growth. Don't miss out on this high-potential property advantage of this exceptional chance to acquire a package deal.
Location
State NY
County Queens
Interior
Fireplace No
Exterior
Private Pool No
Building
Structure Type Brick
Others
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.